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government investment in education and infrastructure while also acknowledging the need to reduce the deficit with new taxes and budget cuts. the white house also says his top priorities are the same as they have been, creating jobs and growing the middle class. >>> apple ceo tim cook is one of the invited guests. he's expected to watch the state of the union with the first lady. last year she was joined by steve jobs' widow. the first lady has also invited military families and victims of gun violence. our live coverage of the state of the union starts at 6 p.m. following ktvu channel 2 news at 5:00. then at 7:30 we'll break down the president's speech and gop response with our political analyst. >>> temperatures are trending upward, but how high will they climb tomorrow? >> robbers hold up a local bank, the latest on the there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep profess
government investment in education and infrastructure while also acknowledging the need to reduce the deficit with new taxes and budget cuts. the white house also says his top priorities are the same as they have been, creating jobs and growing the middle class. >>> apple ceo tim cook is one of the invited guests. he's expected to watch the state of the union with the first lady. last year she was joined by steve jobs' widow. the first lady has also invited military families and...
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the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short, losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- what is it like? >> from nothing to a super bowl champion, i'm in shock right now. >> oh, we won the super bowl! >> reporter: and a second ring for ray lewis in what he has said would be the final game of a 17-year career. >> baltimore, we're coming home, baby! we did it! >> reporter: just how much did the blackout affect the game's outcome? i spoke with my former colleagues, mike greenberg, mike golic, of "mike and mike in the morning" on espn radio and espn2, for more on that. let's be honest, 35 of the strangest minutes in super bowl history last night. >> yeah, and awful. obviously. in every possible way, awful. what i'm really glad for is that if the 49ers won
the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short, losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- what is it like? >> from nothing to a super bowl...
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new cbo estimates out for the first time since president obama took office, the federal deficit will drop below $1 trillion. last friday, the dow jones closed above 14,000 for the first time in more than five years. january brought modest job growth and for the big three automakers, double digit gains. and for ten consecutive months, housing prices have gone up. it's a seller's market. yesterday, president obama warned congress to avoid any self-inflicted wounds. rob and diana, back to you. >> so if you're trying to do the math here and keep up, we remember that deal at the end of the year. that's what set the taxes higher for those making $400,000 and as part of that deal, they put off those massive cuts. now they're saying march 1. that is different from the may deadline they've come up with, which is the debt ceiling. so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging n
new cbo estimates out for the first time since president obama took office, the federal deficit will drop below $1 trillion. last friday, the dow jones closed above 14,000 for the first time in more than five years. january brought modest job growth and for the big three automakers, double digit gains. and for ten consecutive months, housing prices have gone up. it's a seller's market. yesterday, president obama warned congress to avoid any self-inflicted wounds. rob and diana, back to you....
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. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during the super bowl pregame show. >> we don't want to see the business go under, because they couldn't get rid of saturday or because they didn't get rid of saturday, but at the same time, i, you know, i want the perfect world. i want us to be able to stay with saturday delivery. >> reporter: in recent years, the volume of first-class mail has plunged as more and more people pay bills online and communicate with e-mail. in response, post offices have been closed, the price of a stamp raised, but nothing has staunched the flow of red ink. ending saturday service could save about $2 billion a year. while it may make financial sense, few
. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during...
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restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in texas. the proposal would allow individual troops to decide how to address the issue. a conservative group in texas organized a prayer vigil for this morning. the organization is expected to issue a statement today either way. >> the nasdaq exchange could be paying millions over facebook's botched initial public offering. the "wall street journal" reports that nasdaq is in talks with the government to pay $5 million in penalties, only 1 percent of the money lost by brokers and investors. last may, on the morning of the i.p.o. technical problems delayed the trading of the facebook shares and the nasdaq is offering to co
restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in...
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Feb 11, 2013
02/13
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that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i will say this, the consequence of him going on such an ideological, liberal sort of power point throughout his inaugural address, the position of having to go back and remind people this really is about jobs, if we don't like having 7.9% unemployment and don't like these things and the reports that we talk about global warming and marriage, et cetera, et cetera, et cetera. >> what does it actually do for him or his party. the thing is as a second term president not much he can do, pick a couple of top priorities and seems he's doing that with immigration reform and gun control and some climate change issu
that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i...
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Feb 12, 2013
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and investing in our people. >> now, you hear that brief mention of the deficit there so they say inside the white house the president does want to bring spending down, but when he mentions the word investment, republicans like speaker boehner, as you noted think it's more about government. he said i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, never has. so interesting on a night when we might see both sides come together at least a little bit and talk about what they may get done in this new congress that's meeting now. instead, you have a president who is planning to give perhaps a more partisan speech and a republican speaker laying down the gauntlet before this speech and saying he doesn't think the president has the guts to cut spending and really tackle the deficit. >> alisyn: that does not sound like a harbinger of coming together of both sides. >> they'll be up there tonight together. so that could make for an interesting little moment. >> alisyn: all right, we will be on the lookout for all of those moments, ed
and investing in our people. >> now, you hear that brief mention of the deficit there so they say inside the white house the president does want to bring spending down, but when he mentions the word investment, republicans like speaker boehner, as you noted think it's more about government. he said i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, never has. so interesting on a night when we might see both sides come together...
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Feb 7, 2013
02/13
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the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and we'll have done nothing to reform the way we spend money and put our country on a sound physical track. >> of course, pete, as we talk about cutting back, our enemies are ramping up and you see north korea doing more testing and iran moving possibly closer to nuclear weapons. do our enemies overseas pay attention to our budget woes and our plans here at home? >> sure they do. they look at our capabilities. they look at our disposition. they perceive us differently when we're perceived to be drawing back and pulling away from the world and cutting our capability. so, what happens in washington is
the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and...
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Feb 8, 2013
02/13
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. >> it means we're going to talk about, yes, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the center right idea that says cutting and less government is better ffr the economy to one that says that the government can plan, organize, direct economic activity and take tax revenues and borrowed money to stimulate and help out these middle class people, but it doesn't sync up with what people are thinking now so the president has a big sales job ahead of him and to your point, you and janice were talking about, if you've already been hit by one storm, the recession that followed the panic of 2008 and if you're waiting for the next storm to hit land, my goodness, not receptive to the idea of the government borrowin
. >> it means we're going to talk about, yes, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the...
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Feb 9, 2013
02/13
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we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of you. so thank you both for coming on. >> thank you. >> arthel: very good. so there is this, in utah, a moose creating some excitement in a residential neighborhood. the moose making himself effectually at home, taking in the sights as he wandsered into various back yards. sometimes hopping walls and fences, posting on facebook. no, he didn't. wildlife officials were finally able to tranquilize him and they suggest you leave that to the professionals, of course. >> rick: i just got -- >> you never approach a moose. they're very aggressive. they can seem real docile and all of a sudden decide
we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of...
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Feb 11, 2013
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we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it is a good time for us to act to lower that deficit. we think that the deficit and national debt are at a immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that 15%, that is large percentage of the budget, the interest on the national debt. it is lower now because of the lower interest rates. martha: hmmm. what do you think about that? send us a tweet @marthamaccallum or @billhemmer because that is an interesting statement from nancy pelosi. she suggested that tax reform instead of spending cuts as a solution could get things back on track. it is interesting, bill. we're hearing so much talk about closing loopholes and things along those lines which conservatives wanted to do the first time around. they didn't want to raise rates. they suggested doing a real overhaul of our tax reform system in this country which a lot of people have been talking about since the el
we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it is a good time for us to act to lower that deficit. we think that the deficit and national debt are at a immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that 15%, that is large percentage of the budget, the interest on the national debt. it is lower now because of the lower interest rates. martha: hmmm. what do you...
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Feb 5, 2013
02/13
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they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . .. martha: we're working on getting more information on u.s. gold medalist lindsey vonn. she is a four-time world champion. the event that was going on in austria, she had a crash. she said it was very foggy. it was delayed a couple hours. three out of the other four top racers did not finish the race. on the left-hand side of the screen you can see her being airlifted. when she got up, she stumbl.
they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might...
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Feb 5, 2013
02/13
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they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . ..
they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might...
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Feb 12, 2013
02/13
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it will not add a dime to the deficit. >> and what about cutting the deficit? jean spurling told joe scarborough that the president knows that he has to propose something. he has to make some proposals on entitlements. is he going to be that specific tonight? >> well, he has a specific -- we have a proposal that is on the table from the fiscal talks that we had with congress that has spending cuts that does do some entitlement reforms as well as raising revenue by closing loopholes to the -- that's still very much on the table. the president thinks, well, we think creating jobs -- he definitely thinks he is committed to deficit reduction and thinks that this is a drag on the economy too. if we don't deal with it and he is very committed to wanting to do it. we need a partner as some people like to say in december, and so we need a congress that's willing to work with us, but we do think that while congress is working on the larger piece that they should turn off the sequester for a few months, whatever time is needed in order to work on this bigger project, and
it will not add a dime to the deficit. >> and what about cutting the deficit? jean spurling told joe scarborough that the president knows that he has to propose something. he has to make some proposals on entitlements. is he going to be that specific tonight? >> well, he has a specific -- we have a proposal that is on the table from the fiscal talks that we had with congress that has spending cuts that does do some entitlement reforms as well as raising revenue by closing loopholes...
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Feb 10, 2013
02/13
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that's just the nature of dealing with the size deficit -- size of deficits that you got. my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, some this constant uncertainty, -- stop this constant uncertainty, this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger sequester. whatever you can do to make sure this doesn't happen. i mean, i cannot imagine that people would stand by and deliberately hurt this country in terms of our national defense by letting this take place. >> i'll only add briefly that most of the things we're doing are reversible. that is our goal, that they would be reversible. even if you reverse them it will take sometime, and i can't predict that, we're trying to stretch readiness. i want to make sure you all realize one other thing. we took the decision on the carrier postponement very seriously because there is a human dimension
that's just the nature of dealing with the size deficit -- size of deficits that you got. my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, some this constant uncertainty, -- stop this constant uncertainty, this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger...
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Feb 6, 2013
02/13
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will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant hill 59. hump day san ramon 57 degrees. napa 58. and mid-50s for kentfield, mill valley, sausalito and san francisco. we are looking at an extended forecast with that chance of showers on thursday and friday. over the weekend, here comes the sunshine once again. but it will still be brisk upper 50s, low 60s. next week we are dry once again. we'll be right back. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad
will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant...
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Feb 6, 2013
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he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would replace outgoing interior secretary ken salazar. >>> murder in wine country. three bodies found inside a home and this morning the search now on for their killer. it's a developing story from a home on ross station road outside the town of forrestville up in sonoma county. kpix 5 reporter anne makovec has the latest. >> reporter: investigators have been doing a lot more interviews overnight. they say that they are confident they will be able to catch the murderer soon. in the meantime, this person is still on the loose because they say this was not a murder- suicide. three me
he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would...
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Feb 6, 2013
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indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister benjamin netanyahu. reportedly as early as march. the two leaders have had a rocky relationship. the white house says the trip will be an opportunity to reaffirm ties between the u.s. and israel. president obama will also visit the west bank and jordan. >>> the military is poised to extend some benefits to same- sex partners of gay servicemembers. u.s. officials say they are likely to include health and welfare programs as well as access to on base stores and services 16 months after the pentagon revealed the ban on openly gay servicemembers. an announcement is expected in the next few days. >>> britain is one step clo
indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister...
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Feb 6, 2013
02/13
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the sequester is designed to get the deficit under control, but economists are worried that the cuts are so deep, they'll trigger a recession. today, the president called on congress to pass a budget package to avoid the sequester or at least delay the shock. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> pelley: in an interview on sunday, we asked the president about all of this. we found out last week that the economy actually shrank in the last three months of last year. if the federal spending cuts that are on tap for march actually take effect, will that push the country into recession? >> i don't know if it will push the country into recession, but here's what we know. the reason that the economy shrank a little bit, despite the fact that housing is recovering, manu
the sequester is designed to get the deficit under control, but economists are worried that the cuts are so deep, they'll trigger a recession. today, the president called on congress to pass a budget package to avoid the sequester or at least delay the shock. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically...
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Feb 6, 2013
02/13
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indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a big bite out of military spending and domestic programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> we're learning more about the dramatic rescue of that young alabama boy held hostage for a week. the boy identified only by his first name, ethan, celebrated his sixth birthday today. when the fbi stormed the bunker where he was held by his captive, the suspect opened fire. the suspect jimmy lee dykes was killed in that fire fight. dykes was accused of killing ethan's bus driver before kidnapping the boy and it appears he was prepared for a raid. investigators found a bomb in the bunker and one in the pipe dykes used to communicate with the authorities. marlie hall reports. >> reporter: investigators are still gathering and processing evidence from the underground bunker where suspect jimmy dykes held ethan captive. the fbi's hostage rescue team stormed into the bunker monday, set off flash grenades, and then shot and kille
indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a big bite out of military spending and domestic programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> we're learning more about the dramatic rescue of that young alabama boy held hostage for a week. the boy identified only by his first name, ethan, celebrated his sixth birthday today. when the fbi stormed the bunker...
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Feb 6, 2013
02/13
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indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a bite out of military and domestic spending programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> on the "cbs moneywatch" now, overseas markets got a boost and postal problems. ashley morrison is here in new york with that and more. good morning, ashley. >> and good morning do you, anne-marie. well top official's resignation from the bank of japan spurred the market this morning. tokyo's nikkei jumped 3% to close out a four-year high while hong kong's hang sang sank half a percent. the dow shot up 99 points to close at 13,979 while the nasdaq gained 40 points. >>> the end of an era at the post office may be near. after losing $16 billion last year, the post master general is expected to announce today plans to cut costs. one plan mentioned in the past includes saturday mail. it's trimmed its work force by 35%. >>> rumors about dell giving up on wall street and going private are true. the struggling computer company announce
indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a bite out of military and domestic spending programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> on the "cbs moneywatch" now, overseas markets got a boost and postal problems. ashley morrison is here in new york with that and more. good morning, ashley. >> and good morning do you, anne-marie. well...
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Feb 12, 2013
02/13
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"the new york times" says the rising cost of health care is slowing and that helping it ease the deficit. the congressional budget office now estimates hundreds of billions of dollars have been cut from the cost of medicare and medicaid. overall, health care spending is at its lowest rate in decades. >>> the "washington post" looks at state of the union squatters. they are the lawmakers who wait hours to stake out one of the coveted aisle seats in the house chamber. being in that spot can mean some high-profile television face time when greeting the president. >>> the "wall street journal" says gum chewing is falling out of favor. gum makers are looking to win customers back. they're shrinking gum packages to fit in the pockets of jeans and are trying new flavors like orange cream pop and wild berry remix which i think might be part of the problem. i like just the traditional flavors. >>> "the financial times" says that spain's parliament is expected to declare bullfighting a protected national cultural pastime. the move today is expected to raise tensions in spanish regions where the sp
"the new york times" says the rising cost of health care is slowing and that helping it ease the deficit. the congressional budget office now estimates hundreds of billions of dollars have been cut from the cost of medicare and medicaid. overall, health care spending is at its lowest rate in decades. >>> the "washington post" looks at state of the union squatters. they are the lawmakers who wait hours to stake out one of the coveted aisle seats in the house chamber....
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Feb 4, 2013
02/13
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if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why. we can't have strong growth in 2013. we can't have washington dysfunction getting in the way. >> charlie, it's interesting to hear the president say they do need additional revenue, but it's not going to come from raising rates again. that will be sort of this next battle they're fighting. >> closing loopholes. >> and also the president is going to be heading to minnesota for a push for stronger gun control laws. that will be the next thing on his agenda. >>> new details are emerging from a natural gas facility in algeria. the siege left 27 foreign work
if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree...
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Feb 5, 2013
02/13
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KPIX
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cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >> reporter: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for hi
cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >>...
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Feb 6, 2013
02/13
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KPIX
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in the past it was part of his deficit reduction package last year. >> nancy cordes thanks. john brennan is said to make his case on capitol hill to become cia director. leaked memo spells out the link for americans being killed because of terrorism. >> reporter: good morning and good morning out west. that unclassified memo was written by the justice department sent to some members of congress last summer, never intended to be made public but it leaked this week. most likely because the senate is holding hearings tomorrow on the nomination of john brennan to head the cia. he's the architect of the program, and the leak now has the white house on the defensive. administration officials argued forcefully tuesday the targeted killing of terrorists who are american citizens often by drone strikes is acceptable policy in the battle to keep america safe. >> these strikes are legal. they are ethical and they are wise. >> we only take these kinds of actions when there is an eminent threat when capture is not feasible and when we are confident we're doing so in a way that's consiste
in the past it was part of his deficit reduction package last year. >> nancy cordes thanks. john brennan is said to make his case on capitol hill to become cia director. leaked memo spells out the link for americans being killed because of terrorism. >> reporter: good morning and good morning out west. that unclassified memo was written by the justice department sent to some members of congress last summer, never intended to be made public but it leaked this week. most likely...
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Feb 6, 2013
02/13
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WUSA
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>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economic damaging effects of the sequester for faw more months until congress finds a way. >>> cbs political news director john dickerson. john, good morning. another deadline in washington, another proposal for a short-term fix without any specifics about how to do it and thousands of people facing job loss. is this about the president trying to gain the political upper han
>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't...
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Feb 10, 2013
02/13
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CSPAN
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you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid.you have been that today. it is not a prerequisite to do that to be director of c.i.a.-- to be a man of congeniality to be director of the c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the chase real quickly. you said it is the new jersey way, i accept that, it is bipartisan. governor christie exhibits the same kind of responses and has a pretty high approval rating. so we will go forward with taking you at your word. we will have the kind of relationship where we can have a blunt, straight forward, fully disclosed working relationship. i think it is critical for us to provide oversight, the ability for us to have the right kind of agencies so we know where each other is and move forward together in terms of what needs to be done to provide intelligence to that ne
you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid.you have been that today. it is not a prerequisite to do that to be director of c.i.a.-- to be a man of congeniality to be director of the c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the...
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Feb 11, 2013
02/13
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CNN
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immigration reform, tackling the deficit, gun control -- all part of president obama's ambitious second term agenda. and now there are reports the president is considering what has become a familiar tool to push his agenda through a divided congress, basically mr. obama is going to ignore congress and enact a series of executive actions. question for you this morning, are executive actions the only way to get things done in washington these days? l.z.? >> that's a band-aid. if you want something long term, you have to work with congress because we need legislative change because essentially what you're saying is that the next president can come in and just reverse things, and then we have a back and forth sort of way of governing, and that's not really productive. we need congress to make decisions. this is a band-aid. i understand it's frustrations, but he's got to go and find a way to work with congress because that's the only way to having long-term solutions. >> will? >> if they're the only way to get things done in congress, then we need to add an adjective, which is they're the on
immigration reform, tackling the deficit, gun control -- all part of president obama's ambitious second term agenda. and now there are reports the president is considering what has become a familiar tool to push his agenda through a divided congress, basically mr. obama is going to ignore congress and enact a series of executive actions. question for you this morning, are executive actions the only way to get things done in washington these days? l.z.? >> that's a band-aid. if you want...
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Feb 12, 2013
02/13
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CNN
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that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also don't think legal imports will come down. and even if gold ends up being more expensive, they say consumers will still want it. >> gold is the commodity which has paid you ten times in properties also the recession is there, stocks also, the index, you can see from last couple of years. nobody's got much return on the investment besides gold. >> reporter: it's been good for the retailer. but according to this economist, money spent on gold is a drag on the economy. according to estimates, indians put away about 20,000 tons of gold and jewelry, coins, and bars. >> because the savings
that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also...
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again, playing devil's advocate, san francisco also had time to sit around and think about this huge deficit, being in the super bowl, embarrassing themselves. the pixie dust is gone. i'm just saying that balancing this out a little bit, we've got to get san francisco some credit here, this is a team that's been very resilient. you have that other factor going there. have you brother against brother. you have john harbaugh for baltimore not wantsing to be embarrassed. there's a ying and a yang here you have to look at. >> taerns. >> it's my story and i'm sticking to it. >> as i look at social media. and this is true, this person is right. someone said, twitter ain't been this live since obama versus romney. they're absolutely right. i can't even keep up with my twitter feed people are talking about this so much. there are a lot of people that are happy. there are a lot of people who are not happy about this. if you were not interested in these two teams, you're interested in this story. so i want you to put your sports marketing hat on. i want you to put your sports marketing hat on and tell
again, playing devil's advocate, san francisco also had time to sit around and think about this huge deficit, being in the super bowl, embarrassing themselves. the pixie dust is gone. i'm just saying that balancing this out a little bit, we've got to get san francisco some credit here, this is a team that's been very resilient. you have that other factor going there. have you brother against brother. you have john harbaugh for baltimore not wantsing to be embarrassed. there's a ying and a yang...
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to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be finished before march 1st, and unfortunately that's the date when a series of harmful automatic cuts to job-creating investments and defense spend, also known as sequester, are scheduled to take effect. so, if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a
to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be...
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Feb 8, 2013
02/13
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CSPAN
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you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid. it is not a prerequisite to do that to be director of c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the chase real quickly. you said it is the new jersey way, i accept that, it is bipartisan. governor christie exhibits the same kind of responses and has a pretty high approval rating. so we will go forward with taking you at your word. we will have the kind of relationship where we can have a blunt, straight forward, fully disclosed working relationship. i think it is critical for us to provide oversight, the ability for us to have the right kind of agencies so we know where each other is and move forward together in terms of what needs to be done to provide intelligence to that needs to be done to protect the american people. i wanted to say that. i want to follo
you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid. it is not a prerequisite to do that to be director of c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the chase real quickly. you said it is the new jersey way, i accept that, it is bipartisan....
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Feb 6, 2013
02/13
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KNTV
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congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you. >>> a major decision expected today from the boy scouts of america. national board members set to vote on whether to lift a decade's long band on gay leaders and scouts. the final day of a three-day meeting of officials. a controversial issue drawing fire from both sides and putting one of the country's largest youth organizations under a microscope. president obama said over the weekend that scouting should be open to everyone while texas governor rick perry expressed the opposite opinion. if board members scrap that policy, they will be able to decide for themselves to admit gays to their ranks there. >>> on the heels of t
congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you....
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Feb 6, 2013
02/13
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WBAL
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but that we're looking at the smallest budget deficit since president obama has been in office, well under $1 trillion at $845 billion. and they say federal revenue, going up 25% in part because of that fiscal cliff deal. >>> well, a major decision expected from the boy scouts of america. national board members set to vote on whether to leave the decades-long ban on gay leaders and scouts. in texas, it is a controversial issue drawing fire from both sides and putting one of the country's largest youth organizations under a microscope. president obama said over the weekend scouting should be open to everyone while texas governor rick perry expressed the opposite opinion. local scout units will be able to decide on whether to leave gays to their ranks. and on the heels, the pentagon is announcing a policy shift. leon panetta is expected to expand some benefits to granting access to various spots on bases are said to be included. however, it remains droughtful that mental, dental, housing allowances would be offered under the new proposal. an extension of those benefits would require an
but that we're looking at the smallest budget deficit since president obama has been in office, well under $1 trillion at $845 billion. and they say federal revenue, going up 25% in part because of that fiscal cliff deal. >>> well, a major decision expected from the boy scouts of america. national board members set to vote on whether to leave the decades-long ban on gay leaders and scouts. in texas, it is a controversial issue drawing fire from both sides and putting one of the...